Doane Stuart School

Analysis

Doane Stuart School is a registered charity in United States, based in Rensselaer, NY. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Doane Stuart School reported income of $4.3m and spending of $3.8m, spending 88% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $3.4m to $4.3m (+28%), an average of +8.6% a year. The sharpest change came in the year to June 2021, when income rose by 32%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Doane Stuart School sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Beacon Hill Preparatory Institute ($4.3m), Kinetic Academy ($4.3m) and Treeside Charter School ($4.3m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 40% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $235k (6.1% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $10.9m against liabilities of $2.2m, net assets of $8.7m. It reported 62 employees.